COMANO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COMANO
Largest movements
- Cash +€208,040
up €208,040 (+412%), from €50,485 to €258,525
mainly Investment in fixed assets (net) (+€113,721) and Current investments (+€33,278)
- Tangible fixed assets -€145,833
down €145,833 (-17.8%), from €821,284 to €675,451
of which Land and buildings: -€154,360
- Current investments -€33,278
down €33,278 (-4.5%), from €746,767 to €713,490
- Reserves +€20,450
up €20,450 (+7.2%), from €283,275 to €303,725
- Financial income +€5,437
up €5,437 (+117%), from €4,659 to €10,096
of which Financial income: +€4,470
- Gross operating margin -€5,241
down €5,241 (-8.1%), from €64,858 to €59,617
- Other operating charges +€4,878
up €4,878 (+60.7%), from €8,042 to €12,920
- Taxes -€4,422
down €4,422 (-52.7%), from €8,398 to €3,976
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,669,876 | €1,694,668 | +€24,792 | +1.5% |
| Fixed assets | 21/28 | €821,284 | €675,451 | -€145,833 | -17.8% |
| Tangible fixed assets | 22/27 | €821,284 | €675,451 | -€145,833 | -17.8% |
| Land and buildings | 22 | €747,722 | €593,363 | -€154,360 | -20.6% |
| Furniture and vehicles | 24 | €1,062 | €9,588 | +€8,527 | +803% |
| Other tangible fixed assets | 26 | €72,500 | €72,500 | = | 0.0% |
| Current assets | 29/58 | €848,592 | €1,019,217 | +€170,625 | +20.1% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,727 | €7,202 | -€1,524 | -17.5% |
| Trade receivables | 40 | €5,748 | €4,840 | -€908 | -15.8% |
| Other amounts receivable | 41 | €2,979 | €2,362 | -€617 | -20.7% |
| Current investments | 50/53 | €746,767 | €713,490 | -€33,278 | -4.5% |
| Cash at bank and in hand | 54/58 | €50,485 | €258,525 | +€208,040 | +412% |
| Deferred charges and accrued income | 490/1 | €2,613 | - | -€2,613 | |
| Total equity and liabilities | 10/49 | €1,669,876 | €1,694,668 | +€24,792 | +1.5% |
| Equity | 10/15 | €1,414,203 | €1,434,682 | +€20,479 | +1.4% |
| Contributions | 10/11 | €770,250 | €770,250 | = | 0.0% |
| Reserves | 13 | €283,275 | €303,725 | +€20,450 | +7.2% |
| Distributable reserves | 133 | €283,275 | €303,725 | +€20,450 | +7.2% |
| Profit (loss) carried forward | 14 | €360,678 | €360,707 | +€29 | 0.0% |
| Amounts payable | 17/49 | €255,673 | €259,986 | +€4,313 | +1.7% |
| Amounts payable after more than one year | 17 | €247,370 | €247,370 | = | 0.0% |
| Financial debts | 170/4 | €247,370 | €247,370 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,303 | €12,616 | +€4,313 | +52.0% |
| Other amounts payable | 47/48 | €8,303 | €12,616 | +€4,313 | +52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,707 | €32,113 | +€405 | +1.3% |
| Other operating charges | 640/8 | €8,042 | €12,920 | +€4,878 | +60.7% |
| Gross operating margin | 9900 | €64,858 | €59,617 | -€5,241 | -8.1% |
| Operating profit (loss) | 9901 | €25,109 | €14,584 | -€10,524 | -41.9% |
| Financial income | 75/76B | €4,659 | €10,096 | +€5,437 | +117% |
| Recurring financial income | 75 | €4,659 | €9,129 | +€4,470 | +96.0% |
| Non-recurring financial income | 76B | - | €967 | +€967 | |
| Financial charges | 65/66B | €153 | €225 | +€72 | +46.9% |
| Recurring financial charges | 65 | €153 | €225 | +€72 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €29,614 | €24,455 | -€5,159 | -17.4% |
| Income taxes | 67/77 | €8,398 | €3,976 | -€4,422 | -52.7% |
| Profit (loss) for the period | 9904 | €21,216 | €20,479 | -€737 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,216 | €20,479 | -€737 | -3.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.